23 MARCH 2015Orbitealuminae (Press Release)
Orbite files final short form base shelf prospectus
Edited by : AL CIRCLE
1 min read
Orbite Aluminae Inc. today announced the filing of a final short form base shelf prospectus (the "Prospectus") which was receipted by the securities regulatory authorities in each of the provinces of Canada.
The Prospectus is not a commitment to undertake any financing but is designed to provide increased financial flexibility to take advantage of financing opportunities over the normal course of business to fund the Company's Cap Chat facility for the production of High Purity Alumina and the demonstration of the Company's proprietary waste monetization technology. The Prospectus together with each prospectus supplement will allow the Company to make offerings of common shares, warrants, debt securities, convertible securities, rights or units comprising any combination of the foregoing (all of the foregoing, collectively, the "Securities"), up to an aggregate offering of $30,000,000.
Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an eventual accompanying shelf prospectus supplement and, subject to applicable regulations, may include public offerings of debt or equity, or strategic investments. The Prospectus will remain effective for a 25 month period.
The Prospectus is not a commitment to undertake any financing but is designed to provide increased financial flexibility to take advantage of financing opportunities over the normal course of business to fund the Company's Cap Chat facility for the production of High Purity Alumina and the demonstration of the Company's proprietary waste monetization technology. The Prospectus together with each prospectus supplement will allow the Company to make offerings of common shares, warrants, debt securities, convertible securities, rights or units comprising any combination of the foregoing (all of the foregoing, collectively, the "Securities"), up to an aggregate offering of $30,000,000.
Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an eventual accompanying shelf prospectus supplement and, subject to applicable regulations, may include public offerings of debt or equity, or strategic investments. The Prospectus will remain effective for a 25 month period.
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